Regina Carrillo Villasana's questions to Southern Copper Corp (SCCO) leadership • Q1 2024
Question
Regina Carrillo Villasana from GBM asked for an update on the investments in the Ilo and Empalme smelter and refinery projects mentioned in the presentation.
Answer
Executive Raul Jacob confirmed the company has long-term plans to expand its refining and smelting capacity with a new smelter in Empalme, Mexico, and a new smelter and refinery in Ilo, Peru. He stated these projects are planned for later in the decade and that the company believes local industrial demand will absorb the new production. Updates will be provided as the projects mature.